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$250,000
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26188223
HOA Y/N No
Year Built 1971
Property Description
Established Chinese Restaurant Business Opportunity – Newhall / Santa Clarita Valley. Excellent opportunity to acquire an established Chinese restaurant located along the Lyons Avenue commercial corridor in Newhall. Mandarin Wong Chinese Restaurant offers an existing full-service restaurant build-out with a welcoming dining room, booth seating, traditional Chinese décor, and an established neighborhood presence. The restaurant serves a broad selection of classic Chinese and Chinese-American cuisine and currently accommodates dine-in, takeout, and delivery-oriented business. Situated in a strong Santa Clarita Valley trade area with convenient access to surrounding residential communities and Interstate 5, the property benefits from nearby demographics indicating median household incomes exceeding $115,000 within the surrounding 1-, 3-, and 5-mile trade areas. This opportunity is ideal for an owner-operator, experienced restaurateur, or qualified buyer seeking an existing restaurant platform with the potential to continue the current concept or introduce a new concept, subject to landlord and governmental approvals. Highlights include a prime Newhall / Santa Clarita Valley location, established Lyons Avenue commercial corridor, existing full-service restaurant build-out, attractive dining room with booth seating, dine-in, takeout and delivery business platform, established neighborhood presence and online visibility, strong surrounding demographics with $115K+ median household income, convenient access to I-5 and surrounding residential communities, and flexibility to continue the existing concept or introduce a new concept, subject to approvals. Business opportunity only; real estate is not included. Please do not disturb employees or customers. All information, including financials, lease terms, equipment, licenses, and business operations, is subject to buyer verification. Contact the listing agent for additional information and showing arrangements.
Location
State CA
County Los Angeles
Area Dnew - Downtown Newhall
Zoning LCC2
Interior
Fireplace No
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by Wei-Chuan Wang High Ten Partners, Inc. 310-739-6788, DRE #02078217
Nearby School & Business
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